Is the hot hand fallacy a fallacy?
rjlipton.wordpress.comTLDR: If the process is purely mathematical chance such as dice rolling, hot hand fallacy holds. If the process takes into account the actor's state, such as being more confident or focused during a winning streak or because of consecutive wins, the hot hand fallacy does not apply.
The hot hand fallacy ignores the entire concept of flow which is well studied, reproducible,and not very controversial.